Retail News

SEATTLE (BRAIN) — Specialty outdoor retailer and member co-op REI has reported record annual sales of $2 billion for 2013. According to its year-end earnings statement, the company's sales were up 5.9 percent from $1.9 billion in 2012.

PARK CITY, Utah (BRAIN) – Online retailer Backcountry.com is launching its first pro mountain bike team. The four-person squad will race in cross-country and stage races across North America this year. The team also expects to compete at the Mongolian Bike Challenge.

PARK CITY, Utah (BRAIN) — With a combination of nearly 500 miles of single track and an extensive network of rural paved and gravel roads, the snow sports mecca of Park City, Utah, has also become a popular cycling destination.

BOULDER, Colo. (BRAIN) — While total merchandise sales at IBDs were off 1 percent in January compared to the same month a year ago, complete bike sales bucked the downward trend, according to the latest figures from Leisure Trends RetailTrak.

MEMPHIS, Tenn. (BRAIN) — Peddler Bike Shop's flagship store, founded in 1971, will move to a new and bigger location across the street by May 1. The retailer has also opened a third store just south of the city and across the border in Southhaven, Miss.

PORTLAND, Ore. (BRAIN) — Since it opened in 2010, Splendid Cycles has become one of the largest cargo bike retailers in the country, and the biggest U.S. distributor for Danish cargo brand Bullitt by Harry vs Larry.

NEW ORLEANS (BRAIN) — When Marin Tockman moved from New York to New Orleans in 2010, one of the first things she noticed about the city's bike scene was a lack of shops that made serving women a priority.

MIAMI BEACH, Fla. (BRAIN) — On the final day of the BRAIN Dealer Tour, our group rode through downtown Miami — past skyscrapers, the Miami Heat's American Airlines Arena and across the yacht-strewn Venetian Causeway — on our way to South Beach. The area has seen commercial rent prices skyrocket.

SOUTH MIAMI, Fla (BRAIN) — From the sunny parking lot of Mack Cycle & Fitness, Mary Jane Mark points across Sunset Drive, the street where more than a half century ago her father built a store that is now a local landmark.